Headlines
Not All Those AM Listeners Are in Cars, Bozzella Argues
Auto group also says it would take two decades for fleet to turn over and AM to phase out
Nexstar's Perry Sook Elected NAB Joint Board Chair
Pat LaPlatney of Gray set as TV Board chair, Collin Jones of Cumulus as Radio Board chair
Mergers & Acquisitions
Long Keeps Radio Property In The Family
In a deal brokered by Kalil & Co., Long Communications LLC on April 24 closed on its sale of a UHF television station within the Charlotte DMA to Family Worship Center Church, the Louisiana-based Ministry headed by the famed Rev. Jimmy Swaggart.
New England Public Media Sells Radio Studios For $850,000.
Commercial radio owners aren’t the only broadcasters selling non-core assets like real estate and towers to raise much needed cash. So are some public media companies.
Television
Industry majors develop TV ad tech standards
“What distinguishes the Advanced TV Commit Group from other initiatives is its comprehensive and collaborative approach to addressable TV advertising,” said Anthony Katsur, CEO of IAB Tech Lab.
Radio
Radio: Hot Or Not?
Below are recent pieces of radio evidence. I'll give you my HOTorNOT rating, and you can provide your own ratings with explanations in the “comments” or on my socials.
Representatives Want Answers From FEMA Over AM
The Congressmen emphasize the critical role of AM in providing essential information during emergencies and its significance to EAS. As part of their request, they want FEMA to outline steps taken or planned to prevent this issue in future vehicle models.
Pay TV
Every Major Cable and Broadcast News Network Now Run By Women
With the appointment of three executives — Amy Entelis, Virginia Moseley and Eric Sherling — to lead CNN in the wake of the departure of boss Chris Licht, every major cable and broadcast news network is now run, at least in part, by women.
Tech
Radio Host Sues OpenAI For Defamation Via ChatGPT
Syndicated host Mark Walters, the founder of Armed American Radio, has filed a defamation lawsuit against OpenAI, alleging that the company’s AI-powered chatbot, ChatGPT, fabricated false legal claims against him.
Media
Do Ad Budgets Correlate With Marketer Profit Margins? Not Really
The relationship was positive in half of the years and negative in the other half, but only to a limited degree, with correlations ranging from -0.3 to +0.3. In other words, changes in profit margins didn’t predict changes in advertising expense ratios in any consistent or meaningful way.
